South Asia

Chinese lithium market fluctuates following news of unveiling deposit in Afghanistan | Source: Global Times

A worker at a lithium battery factory in Huzhou, East China’s Zhejiang Province.

After months of soaring stock markets in China, the historic fall of lithium shares on A-shares markets this Wednesday sent a mixed message to the industry about the potential change in the world supply chain make-up after Afghanistan, where the world’s largest lithium deposits are located, appeared to flag potential international cooperation after 20 years of instability and stagnation. If the situation in Afghanistan can be stabilized, the country’s vast lithium reserves will become commercialized, which would help to ease the current tightened lithium supplies, experts said.

Source: Global Times


South Asia


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